Mississippi Code
General Corporate Powers
§ 77-9-161. Mortgaging; securing mortgage bonds

To mortgage or convey in trust, from time to time, any or all of its property, real, personal, and mixed, then owned or thereafter to be acquired, and also all or any of its rights, powers, privileges, liberties, immunities, or franchises, whether then owned, possessed, and enjoyed or thereafter to be acquired, including its right to be a corporation; and under such deed or deed in trust or mortgage, to secure, execute, and dispose of the mortgage bonds of the company to such amounts and maturing at such times and bearing such lawful interest as it may deem best; and to secure, in like manner or in any other way, the bonds and obligations of any other railroad company.

Structure Mississippi Code

Mississippi Code

Title 77 - Public Utilities and Carriers

Chapter 9 - Railroads and Other Common Carriers

Article 3 - Railroads and Railroad Corporations

General Corporate Powers

§ 77-9-141. Powers, rights and privileges of railroad corporations

§ 77-9-145. Suing; having a common seal

§ 77-9-147. Building and operating railroad

§ 77-9-149. Collecting charges for transportation of persons and property

§ 77-9-151. Issuing stocks and bonds

§ 77-9-153. Increasing capital stock; issuing preferred stock to satisfy obligations

§ 77-9-155. Determining number of directors, officers and agents; prescribing compensation, duties and terms thereof

§ 77-9-157. Authorizing appointment of executive committee

§ 77-9-159. Opening books of subscription; calling stockholders' meetings

§ 77-9-161. Mortgaging; securing mortgage bonds

§ 77-9-165. Leasing railroad and its properties

§ 77-9-167. Doing an express or telegraph business

§ 77-9-169. Having right of way generally

§ 77-9-171. Having right of way over state lands

§ 77-9-173. Entering upon land adjacent to its right of way

§ 77-9-175. Acquiring lands for depots and other purposes

§ 77-9-177. Crossing, intersecting, joining or uniting with other railroads

§ 77-9-179. Crossing water courses

§ 77-9-181. Insuring persons and property

§ 77-9-183. General grant of powers

§ 77-9-185. How powers are to be exercised

§ 77-9-187. Terminal points and direction of line may be changed

§ 77-9-189. Adoption and change of gauge

§ 77-9-191. Fictitious stock is void

§ 77-9-193. Powers of stockholders